SkyWest, Inc. (SKYW) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.01B | 1.02B | 1.05B | 1.04B | 948.46M | 944.4M | 912.79M | 867.12M | 803.61M | 751.79M | 766.17M | 725.64M | 691.83M | 681.25M | 789.44M | 799.09M | 735.15M | 777.16M | 744.78M | 656.99M |
| Revenue Growth % | 6.82% | 8.48% | 15.04% | 19.39% | 18.02% | 25.62% | 19.14% | 19.5% | 16.16% | 10.35% | -2.95% | -9.19% | -5.89% | -12.34% | 6% | 21.63% | 37.53% | 31.8% | 62.8% | 87.69% |
| Cost of Goods Sold | 422.1M | 400.17M | 798.18M | 773.85M | 728.17M | 725.63M | 605.79M | 675.26M | 635.61M | 661.25M | 651.87M | 619.76M | 630.36M | 617.97M | 650.11M | 626.03M | 611.51M | 669.9M | 659.65M | 597.83M |
| COGS % of Revenue | 41.66% | 39.06% | 76.01% | 74.75% | 76.77% | 76.83% | 66.37% | 77.87% | 79.09% | 87.96% | 85.08% | 85.41% | 91.12% | 90.71% | 82.35% | 78.34% | 83.18% | 86.2% | 88.57% | 90.99% |
| Gross Profit | 591.07M | 624.32M | 251.85M | 261.37M | 220.29M | 218.77M | 306.99M | 191.86M | 168M | 90.54M | 114.3M | 105.88M | 61.47M | 63.27M | 139.33M | 173.06M | 123.64M | 107.26M | 85.14M | 59.16M |
| Gross Margin % | 58.34% | 60.94% | 23.99% | 25.25% | 23.23% | 23.16% | 33.63% | 22.13% | 20.91% | 12.04% | 14.92% | 14.59% | 8.88% | 9.29% | 17.65% | 21.66% | 16.82% | 13.8% | 11.43% | 9.01% |
| Gross Profit Growth % | 168.32% | 185.38% | -17.96% | 36.23% | 31.12% | 141.63% | 168.58% | 81.2% | 173.32% | 43.09% | -17.96% | -38.82% | -50.29% | -41.01% | 63.66% | 192.5% | 313.76% | 335.94% | 251.85% | 150.07% |
| Operating Expenses | 889.49M | 490.13M | 77.71M | 91.25M | 80.91M | 74.69M | 175.56M | 72.22M | 68.5M | 62.92M | 65.01M | 74.02M | 66.17M | 98.34M | 63.76M | 84.45M | 71.6M | 74.31M | 68.85M | 58.29M |
| OpEx % of Revenue | 87.79% | 47.84% | 7.4% | 8.81% | 8.53% | 7.91% | 19.23% | 8.33% | 8.52% | 8.37% | 8.49% | 10.2% | 9.56% | 14.43% | 8.08% | 10.57% | 9.74% | 9.56% | 9.24% | 8.87% |
| Selling, General & Admin | 0 | 0 | 77.71M | 0 | 0 | 0 | 0 | 72.22M | 68.5M | 62.92M | 65.01M | 74.02M | 66.17M | 98.34M | 63.76M | 84.45M | 71.6M | 74.31M | 68.85M | 58.29M |
| SG&A % of Revenue | - | - | 7.4% | - | - | - | - | 8.33% | 8.52% | 8.37% | 8.49% | 10.2% | 9.56% | 14.43% | 8.08% | 10.57% | 9.74% | 9.56% | 9.24% | 8.87% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 123.69M | 134.2M | 174.14M | 170.13M | 139.38M | 144.08M | 131.44M | 119.64M | 99.51M | 27.62M | 49.29M | 31.86M | -4.7M | -35.06M | 75.58M | 88.6M | 52.05M | 32.95M | 16.29M | 879K |
| Operating Margin % | 12.21% | 13.1% | 16.58% | 16.43% | 14.7% | 15.26% | 14.4% | 13.8% | 12.38% | 3.67% | 6.43% | 4.39% | -0.68% | -5.15% | 9.57% | 11.09% | 7.08% | 4.24% | 2.19% | 0.13% |
| Operating Income Growth % | -11.26% | -6.86% | 32.49% | 42.2% | 40.07% | 421.6% | 166.65% | 275.52% | 2215.35% | 178.78% | -34.78% | -64.04% | -109.04% | -206.41% | 363.94% | 9979.86% | 146.33% | 206.22% | 114.09% | 100.56% |
| EBITDA | 213.9M | 226.63M | 266.62M | 260.28M | 228.82M | 238.61M | 228.1M | 216.45M | 195.38M | 122.86M | 145.85M | 129.03M | 89.44M | 62.06M | 173.01M | 185.85M | 154.79M | 144.06M | 125.89M | 110.77M |
| EBITDA Margin % | 21.11% | 22.12% | 25.39% | 25.14% | 24.13% | 25.27% | 24.99% | 24.96% | 24.31% | 16.34% | 19.04% | 17.78% | 12.93% | 9.11% | 21.92% | 23.26% | 21.06% | 18.54% | 16.9% | 16.86% |
| EBITDA Growth % | -6.52% | -5.02% | 16.89% | 20.25% | 17.12% | 94.21% | 56.39% | 67.76% | 118.43% | 97.96% | -15.7% | -30.57% | -42.22% | -56.92% | 37.43% | 67.77% | 5761.78% | 82.07% | 2063.01% | 548.42% |
| D&A (Non-Cash Add-back) | 90.22M | 92.43M | 92.47M | 90.15M | 89.45M | 94.53M | 96.66M | 96.81M | 95.87M | 95.24M | 96.56M | 97.17M | 94.15M | 97.13M | 97.43M | 97.25M | 102.75M | 111.11M | 109.6M | 109.89M |
| EBIT | 0 | 149.74M | 182.78M | 189.68M | 93.6M | 161.34M | 131.44M | 119.64M | 99.51M | 55.49M | 56.89M | 51.35M | 7.5M | -26.9M | 90.04M | 103.18M | 53.35M | 33.89M | 43.19M | 115.31M |
| Net Interest Income | 0 | -13.53M | -15.05M | -15.52M | -17.03M | -15.9M | -15.35M | -16.93M | -18.2M | -18.88M | -21.31M | -23.22M | -23.59M | -26.5M | -26.93M | -27.87M | -28.17M | -28.47M | -28.74M | -33.73M |
| Interest Income | 8.6M | 11.63M | 10.56M | 11.05M | 10.09M | 11.84M | 12.46M | 12.04M | 11.63M | 12.17M | 11.23M | 10.49M | 10.03M | 8.27M | 6.35M | 2.56M | 425K | 382K | 238K | 210K |
| Interest Expense | -24.46M | 25.15M | 25.61M | 26.57M | 27.12M | 27.74M | 27.81M | 28.97M | 29.83M | 31.05M | 32.54M | 33.72M | 33.62M | 34.77M | 33.28M | 30.43M | 28.59M | 28.85M | 28.98M | 33.94M |
| Other Income/Expense | -15.92M | -9.61M | -16.97M | -7.01M | -18.66M | -10.47M | -15.24M | -17.47M | -19.33M | -3.18M | -24.94M | -14.22M | -21.41M | -26.61M | -18.82M | -15.86M | -27.29M | -27.91M | -2.08M | 80.49M |
| Pretax Income | 107.77M | 124.59M | 157.17M | 163.12M | 120.72M | 133.61M | 116.2M | 102.17M | 80.17M | 24.44M | 24.35M | 17.64M | -26.12M | -61.68M | 56.75M | 72.75M | 24.76M | 5.04M | 14.21M | 81.37M |
| Pretax Margin % | 10.64% | 12.16% | 14.97% | 15.76% | 12.73% | 14.15% | 12.73% | 11.78% | 9.98% | 3.25% | 3.18% | 2.43% | -3.78% | -9.05% | 7.19% | 9.1% | 3.37% | 0.65% | 1.91% | 12.39% |
| Income Tax | 6.08M | 33.43M | 40.81M | 42.85M | 20.17M | 36.23M | 26.49M | 26.59M | 19.88M | 6.92M | 873K | 2.22M | -4.05M | -14.57M | 8.38M | 18.8M | 7.03M | 707K | 4.53M | 19.38M |
| Effective Tax Rate % | 5.64% | 26.83% | 25.97% | 26.27% | 16.71% | 27.12% | 22.8% | 26.02% | 24.79% | 28.32% | 3.59% | 12.58% | 15.49% | 23.63% | 14.77% | 25.84% | 28.38% | 14.03% | 31.85% | 23.82% |
| Net Income | 101.69M | 91.16M | 116.36M | 120.27M | 100.55M | 97.38M | 89.71M | 75.58M | 60.3M | 17.52M | 23.48M | 15.42M | -22.07M | -47.1M | 48.37M | 53.95M | 17.73M | 4.33M | 9.68M | 61.99M |
| Net Margin % | 10.04% | 8.9% | 11.08% | 11.62% | 10.6% | 10.31% | 9.83% | 8.72% | 7.5% | 2.33% | 3.06% | 2.12% | -3.19% | -6.91% | 6.13% | 6.75% | 2.41% | 0.56% | 1.3% | 9.44% |
| Net Income Growth % | 1.13% | -6.39% | 29.71% | 59.13% | 66.76% | 455.93% | 282.1% | 390.16% | 373.2% | 137.19% | -51.46% | -71.42% | -224.46% | -1187.35% | 399.5% | -12.97% | -50.6% | 109.33% | -71.23% | 341.08% |
| Net Income (Continuing) | 101.69M | 91.16M | 116.36M | 120.27M | 100.55M | 97.38M | 89.71M | 75.58M | 60.3M | 17.52M | 23.48M | 15.42M | -22.07M | -47.1M | 48.37M | 53.95M | 17.73M | 4.33M | 9.68M | 61.99M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.50 | 2.21 | 2.82 | 2.90 | 2.42 | 2.34 | 2.16 | 1.82 | 1.45 | 0.42 | 0.55 | 0.35 | -0.45 | -0.93 | 0.96 | 1.07 | 0.35 | 0.09 | 0.19 | 1.22 |
| EPS Growth % | 3.31% | -5.56% | 30.56% | 59.34% | 66.9% | 457.14% | 292.73% | 420% | 422.22% | 145.16% | -42.71% | -67.29% | -228.57% | -1191.55% | 405.26% | -12.3% | -50.7% | 109.16% | -71.21% | 339.22% |
| EPS (Basic) | 2.54 | 2.28 | 2.88 | 2.98 | 2.48 | 2.42 | 2.23 | 1.88 | 1.50 | 0.43 | 0.56 | 0.35 | -0.45 | -0.93 | 0.96 | 1.07 | 0.35 | 0.09 | 0.19 | 1.23 |
| Diluted Shares Outstanding | 40.67M | 41.27M | 41.45M | 41.48M | 41.6M | 41.55M | 41.56M | 41.43M | 41.49M | 41.78M | 42.58M | 44.22M | 49.39M | 50.6M | 50.64M | 50.57M | 50.71M | 50.83M | 50.73M | 50.73M |
| Basic Shares Outstanding | 40M | 40.03M | 40.41M | 40.45M | 40.49M | 40.26M | 40.25M | 40.18M | 40.3M | 40.71M | 41.83M | 43.84M | 49.39M | 50.6M | 50.59M | 50.52M | 50.48M | 50.38M | 50.38M | 50.35M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |